Peach Tree Acres Services Inc

Peach Tree Acres Services Inc. reports minimal revenue and consistent net losses in recent years, depleting assets.

EIN: 141947475 · Harbeson, DE · NTEE: L21 · Updated: 2026-03-28

$0Revenue

$487KAssets

10/100Mission Score (Very Poor)

L21

About Peach Tree Acres Services Inc

Peach Tree Acres Services Inc (EIN: 141947475) is a nonprofit organization based in Harbeson, DE, classified under NTEE code L21. The organization reported total revenue of $0 and total assets of $487K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Peach Tree Acres Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Peach Tree Acres Services Inc. exhibits a concerning financial trend with significantly declining revenue and increasing net losses in recent years. For instance, in 2023, the organization reported only $170 in revenue against $6,325 in expenses, and in 2022, $7 in revenue against $3,025 in expenses. This contrasts sharply with earlier periods like 2017, when revenue was $1,662,933. The organization's assets have also seen a substantial decrease from a peak of $1,035,113 in 2019 to $488,397 in 2023, indicating a depletion of resources. The consistent reporting of zero officer compensation across all filings suggests a volunteer-led or very lean operational structure, which could be a positive for efficiency if programs were active, but in the context of minimal revenue, it raises questions about operational capacity.

The lack of detailed expense breakdowns in the provided data makes it difficult to assess spending efficiency beyond the overall deficit. However, the consistent and significant negative net income in recent years (e.g., -$6,155 in 2023, -$3,018 in 2022, -$24,744 in 2021) indicates that the organization is not financially sustainable under its current model. While the NTEE code L21 suggests a focus on 'Housing Development, Construction & Management', the current financial activity does not reflect significant program delivery or fundraising efforts. The organization's transparency is adequate in terms of filing its 990s, but the financial data itself points to an entity that is largely inactive or struggling significantly.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Peach Tree Acres Services Inc with a Mission Score of 10 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 100%
programs: 0%
fundraising: 0%

According to IRS 990 filings, Peach Tree Acres Services Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all filings, indicating that the organization's leadership is unpaid, which is unusual for an organization that previously managed millions in revenue.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Peach Tree Acres Services Inc's IRS 990 filings:

Consistent and significant negative net income in recent years (e.g., -$6,155 in 2023, -$3,018 in 2022, -$24,744 in 2021).
Drastic decline in revenue from over $1.6 million in 2017 to negligible amounts ($170 in 2023).
Significant depletion of assets from a peak of $1,035,113 in 2019 to $488,397 in 2023.
Zero reported program spending given the minimal revenue and expenses, suggesting no active charitable programs.

Strengths

The following positive indicators were identified for Peach Tree Acres Services Inc:

Consistent filing of IRS Form 990s, indicating compliance with reporting requirements.
No reported liabilities in recent years (e.g., $0 in 2023, 2022, 2021), suggesting a clean balance sheet in that regard.

Frequently Asked Questions about Peach Tree Acres Services Inc

Is Peach Tree Acres Services Inc. currently an active and effective charity?

Based on the recent financial data, with revenue of $170 and expenses of $6,325 in 2023, and similar figures in 2022 and 2021, the organization appears to be largely inactive or operating at a minimal capacity, making its current effectiveness as a charity questionable.

What caused the drastic decline in revenue and activity after 2017?

The provided IRS 990 data does not specify the reasons for the sharp decline in revenue from over $1.6 million in 2017 to negligible amounts in subsequent years. This would require further investigation into the organization's operations and specific program changes.

How is the organization covering its expenses with such low revenue?

With minimal revenue and ongoing expenses, the organization appears to be covering costs by drawing down its assets, which have decreased from $1,035,113 in 2019 to $488,397 in 2023.

Filing History

IRS 990 filing history for Peach Tree Acres Services Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2023), Peach Tree Acres Services Inc's revenue has declined by 100%, moving from $1.5M to $170. Total assets increased by 95.9% over the same period, from $249K to $488K. Total functional expenses fell by 99.5%, from $1.4M to $6K. In its most recent filing year (2023), Peach Tree Acres Services Inc reported a deficit of $6K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$170	$6K	$488K	$0	—	—
2022	$7	$3K	$495K	$0	—	View 990
2021	$0	$25K	$498K	$0	—	View 990
2020	$121K	$295K	$868K	$573	—	—
2019	$104K	$33K	$1.0M	$573	—	—
2018	$64K	$48K	$402K	$573	—	View 990
2017	$1.7M	$1.6M	$385K	$573	—	View 990
2016	$1.2M	$1.1M	$344K	$0	—	View 990
2015	$1.6M	$1.6M	$264K	$0	—	View 990
2014	$1.6M	$1.7M	$233K	$0	—	View 990
2012	$1.5M	$1.4M	$349K	$0	—	View 990
2011	$1.5M	$1.4M	$249K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $170, expenses of $6K, and assets of $488K (revenue +2328.6% year-over-year).
2022: Revenue of $7, expenses of $3K, and assets of $495K.
2021: Revenue of $0, expenses of $25K, and assets of $498K (revenue -100.0% year-over-year).
2020: Revenue of $121K, expenses of $295K, and assets of $868K (revenue +15.9% year-over-year).
2019: Revenue of $104K, expenses of $33K, and assets of $1.0M (revenue +61.6% year-over-year).
2018: Revenue of $64K, expenses of $48K, and assets of $402K (revenue -96.1% year-over-year).
2017: Revenue of $1.7M, expenses of $1.6M, and assets of $385K (revenue +44.0% year-over-year).
2016: Revenue of $1.2M, expenses of $1.1M, and assets of $344K (revenue -27.1% year-over-year).
2015: Revenue of $1.6M, expenses of $1.6M, and assets of $264K (revenue -1.7% year-over-year).
2014: Revenue of $1.6M, expenses of $1.7M, and assets of $233K (revenue +7.2% year-over-year).
2012: Revenue of $1.5M, expenses of $1.4M, and assets of $349K (revenue +2.4% year-over-year).
2011: Revenue of $1.5M, expenses of $1.4M, and assets of $249K.

Data Sources and Methodology

This transparency report for Peach Tree Acres Services Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.